Islamabad, March 30, 2025 – The Federal Board of Revenue (FBR) must achieve a monthly tax collection of Rs 1.50 trillion during the last quarter (April – June) to successfully meet its annual fiscal year 2024-25 target.
(more…)Category: Top stories
Find top stories in this section. Pakistan Revenue brings you the latest and most important news from Pakistan and around the world, keeping you informed with key updates and insights.
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Exporters Under FBR Lens Following Decline in Tax Collection
Karachi, March 29, 2025 – The Federal Board of Revenue (FBR) has initiated a thorough audit of exporters following a notable decline in income tax collection for February 2025.
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Gold Per Tola Hits Historic High Rs 325,000 Pakistan
Karachi, March 29, 2025 – The gold market in Pakistan witnessed an unprecedented surge on Saturday as the price of gold per Tola reached Rs 325,000 for the first time in the country’s history.
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Electricity Consumers to Receive Tariff Relief in April Bills
Electricity consumers across Pakistan are set to receive a tariff reduction of up to Rs 4 per unit in their April 2025 electricity bills.
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FBR Reports 503% Surge in CGT Collection in February 2025
Karachi, March 28, 2025 – The Federal Board of Revenue (FBR) has reported a remarkable 503% surge in capital gain tax (CGT) collection on a year-on-year (YoY) basis for February 2025, reflecting an unprecedented rise in market activity and investor participation.
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IR Commissioner Faces Major Penalty for Corruption, Misconduct
Islamabad, March 28, 2025 – The Federal Board of Revenue (FBR) has taken decisive action against Commissioner Inland Revenue (IR) Zahid Mahmood, a BS-19 officer, after an inquiry confirmed his involvement in misconduct and corruption.
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FBR Transfers Most Senior Customs Officers to STRAW
Islamabad – The Federal Board of Revenue (FBR) has officially transferred several senior officers of Pakistan Customs Service (PCS) to the newly established Strategic Tariff and Revenue Analysis Wing (STRAW) as part of its restructuring efforts.
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Unresolved System Errors Stall Sales Tax Return Process
Karachi, March 27, 2025 – Taxpayers across Pakistan continue to face difficulties in filing their sales tax returns as persistent technical glitches on the IRIS portal of the Federal Board of Revenue (FBR) remain unresolved, despite an extended deadline.
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Pakistan’s Foreign Exchange Reserves Drop by $465 Million: SBP
Karachi, March 27, 2025 – Pakistan’s net foreign exchange reserves have dropped by $465 million within a week, as per the latest data released by the State Bank of Pakistan (SBP) on Thursday.
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Gold Prices in Pakistan Reach Record High of Rs 321,000 per Tola
Karachi, March 27, 2025 – The gold prices in Pakistan surged to an all-time high on Thursday, reaching Rs 321,000 per tola amid a sharp rally in the international bullion markets.
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